AIC: Cost disclosure breakthrough does not apply to VCTs
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
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Investment Association updates executive pay guidelines
IA simplifies guidelines to reflect ‘evolving practices in the market’
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Investment companies will no longer be required to produce KIDs
A draft Statutory Instrument proposed by HM Treasury found EU-inherited cost disclosure rules are ‘not accurate’
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Generation next with Sarasin & Partners’ Tom Kynge: People skills are key
The portfolio manager on why in a world of rising geopolitical tension, understanding human behaviour is more important than ever
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FCA temporarily exempts investment trusts from PRIIPs regulation in light of cost disclosure issues
Industry praises FCA’s move to amend cost disclosure issues for investment trusts
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APPG on Investment Fraud and Fairer Financial Services elects new members
Conservative MP Bob Blackman continues as co-chair, joined by Labour’s Sam Rushworth
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Industry welcomes FCA extension to SDR naming and marketing rules
Firms can have until April 2025 to comply with the rules in ‘exceptional circumstances’
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AIC tables proposal for partnership with National Wealth Fund
The AIC has also called for the removal of stamp duty on British shares and the expansion of the VCT scheme
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Ocorian: North American fund managers deterred by ‘complex’ EU regulations
69% of North American fund managers surveyed said it will become harder to navigate EU regulation over the next two years
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Government scraps ‘political gimmick’ UK ISA plans
Industry reacts to decision to scrap previous government’s plan
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CSC: 34% of special private vehicle executives leave planning to just before regulation
76% see SPV markets improving in next two to five years
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FCA launches rule review to spot Consumer Duty ‘overlaps’
Regulator calls on firms to identify regulation which could be removed or simplified